Olive 8 Update, How Many Units Are Left?

Olive8_1800

According to an advertorial posted in the Seattle Times this weekend, Olive 8 is two-thirds sold.  If those numbers are correct they would have sold approximately 150 units thus far.  There are a total of 229 units in the building.  Olive 8 and Escala make up nearly 80% of the new construction inventory left in… [Continue Reading]

Lofty Live/Work Condo In South Lake Union

2200 Westlake Live/Work

Live/work units don’t hit the market very often.  They come in all shapes and sizes and are typically scattered all over the city.  Check out this unit at 2200 Westlake.  It’s a 2 story, 1,380sf unit right in the heart of South Lake Union.  The ground floor work space is still in an unfinished shell,… [Continue Reading]

Great Rental Unit At The Cosmopolitan

Cosmopolitan #2202

Just a quick heads up if you are looking for a 2 bedroom rental. A view unit at the Cosmopolitan just hit the market today for $2,500 per month. The “02″ stack is one of my favorite floor plans. It has 2 bedrooms, 2 baths and a den.  It is definitely worth considering.  Your just… [Continue Reading]

Foreclosure Auction Update, Seattle Condo Sells For 58% Less Than Last Market Sale

#1204 SOLD

    Remember these two units going to auction last Friday?  I wanted to share the results. Unit #1204 at 2200 Westlake:  Sold for $1 over minimum bid.  For those of your unfamiliar with the auctions.  That means that only one investor was bidding on the unit and acquired it for just $1 more then… [Continue Reading]

Downtown Seattle Condo Foreclosures, Headed to Auction

Exterior

There are 2 great condos that are going to auction tomorrow (9/23/11) and I would buy both of them in a heartbeat.  The first and the most attractive in my mind is W1204 at 2200 Westlake.  It has North facing views that overlook the courtyard, Lake Union and extend all the way to Gas Works… [Continue Reading]

Bank Owned At The Cosmopolitan, 26th Floor

Cosmo_Deck_View

Unit #2601 just hit the market at the Cosmopolitan.  Its is listed at $360,000, and the legal owner is US Bank.  It is a one bedroom, 1 bath plus den, facing North.  It has views of South Lake Union, The Sound, Space Needle, Queen Anne Hill and Capitol Hill.  It was listed back September of… [Continue Reading]

Short Sale At 2200 Westlake, 45% Reduction From Its 2007 Price

2200 Westlake

Do you recognize this unit? It’s in the South (ARTE) building at 2200 Westlake on the 10th floor. It was on the market in 2009 for $395,000, then again just two months ago for $315,000.  As of this morning it is back on the market at $262,000 as a short sale.  It was originally purchased… [Continue Reading]

Top Floor Condo Sells For $110,000 At Foreclosure Auction On Friday

Foreclosure Results From Friday

I thought I would share a quick update from this weekends foreclosure auction.  There were a number of units that I had been following leading up to Friday morning: A studio at Belltown Court, a 19th floor unit at Cosmopolitan and a penthouse unit at Avenue One in Belltown. Belltown Court #728: Unit #728 was… [Continue Reading]

Bank Owned 1 Bedroom At 2200 Westlake

2200 Westlake Just Sold

A new bank owned one bedroom just hit the market at 2200 Westlake.  The last time it sold was in 2007 for $410,000.  Now it is listed at $249,900 ($355psf).  It is located on the 3rd floor in the Arte or south building of the South Lake Union project. See the listing here: #S304

This Short Sale At 2200 Westlake May Be Worth A Look

2200 Westlake PANO

If your looking for a 2 bedroom condo in Seattle, this unit at 2200 Westlake may be worth a look.  It just hit the market today.  Once sold for $750,000 in 2005, the asking price is now $470,000.  As a short sale, the price will be subject to the banks approval, but in this market… [Continue Reading]

Luxury Condo Rental At Olive 8

Olive8 1800 Views

Project:  Olive 8 Neighborhood:  Downtown Check out this new rental listing on the 18th floor at Olive 8. It is on the NW corner of the building with pretty incredible views.  The asking is $4,295 per month. Unit features include: 2 bed, 2 bath with gas fireplace 1,600sf Floor to ceiling glass Stainless steel gas… [Continue Reading]

Just Sold, W1105, View Unit at 2200 Westlake

910_Lenora6

JUST SOLD 900 Lenora St, w1105, Seattle $286,500 1 bedroom | 1 bath South Lake Union we assisted both buyer and seller in this transaction West facing views of the city, Puget Sound, mountains and more!  Custom finishes, hardwood floors, big windows and phenomenal views. 2200 Westlake is part of Vulcan Real Estate’s master vision… [Continue Reading]

Just Sold, Multiple Offers, In Just 4 days

Just_Sold Cosmopolitan

JUST SOLD SOLD IN 4 DAYS WITH MULTIPLE OFFERS   819 Virginia St #2410, Seattle $499,000 2 bedroom + den & 2 bath Northwest facing views of the Puget Sound, mountains and more! Spacious layout, hardwood floors, updated kitchen, custom wall bed, air-conditioning, big windows and phenomenal view.   Well-designed luxury highrise.  World-class amenity package… [Continue Reading]

Just 18 Units Left At Enso In South Lake Union

Enso_Condos_Penthouse

NEIGHBORHOOD: South Lake Union Enso is quietly selling out their remaining inventory. For those of you with your eyes on Enso, don’t blink. According to our sources, they have just 18 units remaining until they are completely sold out.  This does not surprise me.  As I mentioned before, Seattle new construction inventory is slowly decreasing…. [Continue Reading]

In The Next 60 Days, Multiple Seattle Condos Will Headed To Foreclosure Auction

Condos_Headed_To_Foreclosure

Clearly the impact of condos purchased between 2005-2009 is starting to rear its ugly head in Seattle.  As values plummeted, owners started giving their keys back to the bank.  Condo foreclosures are on the rise and in the upcoming weeks you could see foreclosures in some of the best buildings in Seattle and Bellevue.  I’ve… [Continue Reading]